While the rapid advancement of billions of dollars worth of construction projects has seen dozens of companies rush to enter the Qatari market, these firms often face unexpected challenges, including lengthy tendering processes and a relatively high risk burden placed on contractors and consultants undertaking public sector projects. Although...
Since the unveiling of Qatar National Vision 2030 in 2008, new infrastructure projects have made the construction sector the country’s fastest-growing non-hydrocarbons contributor. Qatar has seen a host of major hard infrastructure projects over the past decade, including Hamad Port (formerly the New Port Project), the Qatar Rail Development...
Construction represents Qatar’s fastest-growing sector, with the government having pledged $200bn of investment as part of a vast infrastructure expansion scheme. As a result, opportunities for contractors abound, particularly in the transport, retail, real estate, tourism, and education sectors, not to mention the eight multibillion-dollar stadia being built in preparation for the 2022 FIFA...
Hydrocarbons revenues, specifically from liquefied natural gas, still form the bulk of Qatar’s national income. However, as the country moves forward with Qatar National Vision 2030 (QNV 2030), the government is increasingly seeking to diversify the economy away from hydrocarbons while investing in renewable solutions to meet the energy demands of the future.
The Philippine economy is gradually on the rise, largely driven by its business process outsourcing, industry and construction sectors. The average pace of growth in the Philippines in the first half of the decade was 6.3%, compared to 6% in Indonesia, 5.8% in Malaysia and Vietnam, and 3.6% in Thailand.
Fuelled by attractive yields and soaring property values over the last five years, Malaysia’s real estate market has drawn both foreign and local investors seeking a strong return. While growth in GDP and population are partly responsible, this organic growth does not entirely explain the price escalation seen in the residential sector over...
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